Kankakee County, IL · Sold

IL-940447

7053 County Road 263

$12,000

$14,458/ac · 0.83 ac

Offer report Market this tract

Acreage0.83 ac

Price per acre$14,458/ac

ZoningMixed Use

Road accessGravel

UtilitiesOff grid

TopographySloped

ListedMar 1, 2025

Coordinates41.1578, -87.9071

Loading terrain…

County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Kankakee County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Kankakee market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands5.5% of tract

Little to no mapped wetland coverage.

Average slope22.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

150 ft of deeded road frontage.

Power8,678 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.47 of 0.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$9,234

$7,184 – $11,284 · $11,125/ac on 0.83 ac

Asking vs estimate

+30.0%

Priced above the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $12,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$5,277

$6,357/ac · +30.0% target margin

You need $6,723 off asking to hit this margin.

All-in cost$5,726

Net resale$8,495

Projected profit$2,770

ROI+48.4%

Annualized+69.2%

Break-even resale$7,498/ac

Profit if resale lands off target

-20%

$1,071

-10%

$1,920

$2,770

+10%

$3,619

+20%

$4,469

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IL-900233 Gravel · Full utilities	0.7	Jul 27, 2026	$11,900	16,741	11,675	8.2 mi	88
IL-350751 Gravel · Off grid	1.0	Jul 9, 2024	$6,800	6,563	7,158	6.8 mi	73
IL-502125 Paved · Off grid	2.8	Feb 19, 2026	$32,000	11,442	10,093	3.3 mi	68
IL-361184 Landlocked · Power at road	1.4	Nov 21, 2024	$8,900	6,296	8,494	4.2 mi	67
IL-342400 Dirt · Off grid	3.4	Jan 29, 2026	$41,000	12,010	14,656	3.5 mi	66
IL-832793 Gravel · Off grid	4.5	Jan 6, 2024	$46,300	10,189	11,724	5.6 mi	61
IL-652709 Landlocked · Off grid	4.3	Dec 22, 2024	$30,300	7,088	11,529	6.4 mi	56
IL-572531 Dirt · Full utilities	3.8	Aug 22, 2024	$60,900	16,237	14,668	3.7 mi	55

Show adjustment detail for the top comp

Utilities (Full utilities → Off grid)-30.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV